Tag Archives: Legality

The Neutral Nation and the Darker Side of iGaming

A Swiss online gambling study is exposing a problem some of the world’s politicians have feared for more than a decade; the vulnerability 24/7/365 accessibility poses for compulsive gamblers.

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No More Credit Card Gambling for New Zealanders

New Zealand bans credit card casino deposits ahead of SkyCity Auckland’s online launch from Malta. New Zealand‘s approach to online gambling regulation has been has been one of uncertainty. The island nation has been on the fence over the matter for years. They’re still hosting political debates in an attempt to determine how best to regulate the industry. One thing they know for certain is that they do not want unlicensed offshore companies – too many of which have defrauded NZ players in the past – infiltrating their market once the proper laws are in place Those who obtain an NZ license would be required to abide by the strict rules of the jurisdiction. Of course, coming up with those rules, scripting legislation that will benefit the government while protecting the people, is what’s been holding them back all this time. And as that lengthy legislation isn’t expected to be … Continue reading

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US DOJ Aims to Reverse Online Gambling Laws, Again

US DOJ files appeal to include all internet gambling activities in Wire Act. To the surprise of no one with any knowledge of the situation, the US Department of Justice (DOJ) is still donning their summer flip-flops. Following a sorted history that goes back more than a decade, the federal administration is hoping to see the definitions with in the Wire Act of 1961 altered to include all forms of online gambling. At present – as it has for the last 8 years – the Wire Act makes it illegal to offer sports betting over any type of telecommunication service, including the internet. Such activities can only be offered, where legally regulated, at a licensed retail sportsbook. Since the reversal of the Professional and Amateur Sports Protection Act (PASPA) earlier this year, sports wagering is being legalized and regulated in more and more US states, which seems to be drawing … Continue reading

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Impact of Canada’s New AML Laws on Casinos

Canadian casinos now coping with new anti-money laundering regulations. A couple of years ago, there were no news headlines more prominent in British Columbia than those telling the dark and duplicitous tale of money laundering at the province’s casinos. The River Rock Casino in Richmond, B.C. was particularly shunned for its involvement, as the investigation uncovered a rabbit hole so deep, it ran straight through to China. I won’t get into the ragged details of that fiasco. If you don’t already know the story, you can learn all about it in Queen’s Counsel Peter German’s famous Dirty Money report. The point is, it happened, and for more than a decade before the provincial cover up was revealed. As instructed, German made a throng of recommendations in his report. Among them, he suggested a strain of amendments to Canada’s Proceeds of Crime (Money Laundering ) and Terrorist Financing Act (PCTFA). In … Continue reading

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Are Stricter Internet Gaming Laws a Boon or Bane?

Are Europe’s ever-tightening internet casino laws destroying iGaming? The online gambling industry is so far removed from what is was twenty years ago. What began as an unregulated free-for-all, where more rogues than reputable operators existed, has turned into something with so many government regulations and mandates, that many companies are struggling to compete. Internet gambling was, at one time, the world’s second most competitive industry (behind adult websites, of course). Now, more companies are going belly up because there’s only so much room for competition to exist. The largest operations remain, buying up and absorbing all of the smaller operations that didn’t already abandon bankrupt offerings. Some would say we’ve gone from one extreme end of the scale to the exact opposite, taking a burgeoning industry and stifling it with so many laws that only the biggest, most lucrative companies can afford to pay licensing fees and still invest … Continue reading

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Deliberating the Proposed Ban on Credit Cards at Internet Casinos

iGaming credit card ban a fix for problem gambling, or just an inconvenience? In the last two weeks, the iGaming headlines have been alight with news that some remote gambling jurisdictions may institute a ban on credit cards at internet casinos. First, the UK announced it was organizing a study to look into the matter. Then, the very next week, New Zealand‘s gaming regulators proposed a ban on credit card gambling deposits. The fact that the UK is even considering it is, of course, going to raise a red flag for all responsible gaming jurisdictions. The UK operates is the world’s most functional and successful iGaming market, setting a high bar for others to follow. The topic we aim to deliberate on today is not whether such a ban will or will not be imposed, but rather… Can an iGaming Credit Card Ban Fix Problem Gambling? New Zealand’s Department of … Continue reading

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The Shameful Promotion of Gambling without Morals

UK vs Canada Gambling Laws – A Simple Comparison Turns Ugly! Welcome, and thank you for your interest in reading what I’ve written hear today, but I warn you, the information you’re about to read, while factual (on my end) and informative (to those vested in iGaming) also includes my own ranting over the irresponsibility of others who seek only dollar signs, ignoring the humane side of this unique and volatile industry. With that being said, if still interested, please continue… I read an (arguably?) ill-conceived editorial today that had me scratching my head. I’m not going to name names or link to it for several reasons. First of all, I don’t wish to spread some of the ideals found within it. Secondly, it wasn’t a famous person or media outlet that published it. It was nothing more than a thoughtless online gambling affiliate looking to push some promotional links. … Continue reading

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Playtech’s new Game Modifier Raising Controversy

Does Playtech’s ‘Game Modifier’ compromise fairness of online casino games? For decades, the integrity of casinos have been questioned by players from far and wide. In the early days of Las Vegas, it is well known fact that the mafia ran the city, and mobsters aren’t really known for their fairness. Strict regulation via government authorities eventually brought integrity to the land-based casino industry, but when internet-based gambling came along, all the old questions of fairness arose once more. Again, it took years of legislative efforts all across the globe to bring palpable order to the iGaming realm, but the industry has finally achieved a distinguished reputation for responsibility. So long as casinos are licensed and regulated in reputable jurisdictions, players can rest assured their getting a fair deal. At least, that was the perception before Playtech announced the release of its new Space Digger Slot. On the surface, it … Continue reading

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Will Seneca Casino Become Hotspot for Canada Sports Wagers?

New York tribe’s rare opportunity to provide legal sports betting for Canadians. The Seneca Tribe of Upstate New York has been given a very unique opportunity. Located a stone’s throw across the border from Canadian soil, the Seneca Niagara Resort Casino could soon become the closest legal option for Canada sports wagers, thanks to the recent passage of a bill legalizing sports betting in the state. So far, the tribe doesn’t seem to interested in the option, but there’s good reason to suspect that, deep down and behind closed doors, they’re grinning like kids in a candy store. After all, Canadians have long expressed their desire for a legal single-event sports betting product in their home country. With local legislative efforts stalling for years, this could be catalyst that sends more Canadians across the border than ever before. New York to Offer Closest Thing to Legal Sports Betting for Canadians … Continue reading

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Gamesys Hit with £1.2M Fine from UK Gambling Regulator

UKGC slaps Gamesys with £1.2 million fine for regulatory compliance failures. Gamesys, a European developer of digital gaming software and content supplier of the immensely popular Jackpotjoy online gambling operation, is reeling this week from a proverbial bitch-slap by the UK Gambling Commission. Following a lengthy investigation, the UKGC found Gamesys guilty of multiple violations, worthy of a combined penalty of £1.2 million in fines. As is often the case when the UKGC’s investigators come knocking, Gamesys conceded to the evaluation of wrong doing and coughed up the 7-figure payment without argument. In turn, the UKGC gave the company credit for making “proactive and timely improvements” to address the violations. Gamesys Fined for Regulatory Compliance Failures According to the UKGC’s media release on Wednesday, Gamesys was penalized for “failing to prevent gambling harm and breaching money laundering regulations.” The Commission’s probe was the result of a police investigation that found … Continue reading

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